Posted on 11/13/2021 11:57:03 AM PST by Silentgypsy
Saule Omarova, President Joe Biden’s nominee for the Office of the Comptroller of the Currency (OCC), called during a March 2021 virtual conference to eliminate all private bank accounts and deposits.
Omarova discussed one of her papers, “The People’s Ledger How to Democratize Money and Finance the Economy,” which would help “redesign” the financial system and make the economy “more equitable for everyone.”
She said it would change the “private-public power balance” and democratize finance to a more systemic level.
During her conference speech, she said, “There will be no more private bank accounts, and all of the deposit accounts will be held directly at the Fed”:
Omarova said her proposal would give the Fed more “proactive” monetary policy tools, such as “helicopter money.” She also pondered how the Federal Reserve could “take money” from Americans during an inflationary environment.
(Excerpt) Read more at breitbart.com ...
It’s like reliving the 0bungle administration, when you’d wake up to one headline that was more bizarre than the next, day after day.
I believe that there is a video of Her Heinousness (HRC) talking about our 401K's and IRAs and saying that "she wants that money!" It actually made me laugh; but, this is really no laughing matter.
This is a Jarret nominee. She’s running domestic policy.
Snipers usually take out the real power players first.
Or ChiCom.
That’s the problem. Didn’t they decide to make it illegal to own gold bullion?
An extremely ticked-off, armed populace.
Ah, The Lizard.
Please, God, tell me this is all just a misunderstanding.
This broad is a real treat. /eyeroll
No
Sh!t.
OR ELSE!
.. and all that stands between us and this commie are a bunch of RINOs? Not much comfort there.
Yeh, too bad all our money is tied up in real estate and PM.
Biden’s Banking Nominee Calls to Eliminate All ‘Private Bank Accounts’
An SSS candidate...
‘There is no private property in utopia. All belongs to the state and the state will decide what’s best.’
Where IS John Galt?
This is actually PERFECT! I’m all for it.
Give the FED *ALL* bank accounts (it’s fiat cabal money). In addition, the FED gets *ALL* the $28 Trillion in debt. And, perhaps $150T in unfunded liabilities. And, then the FED can shove ALL of that where the sun don’t shine.
And then, those who had “money” in bank accounts, cash, assets, are given new currency and/or crypto, backed by precious metals.
And, best of all, there is ALREADY a plan for this:
N.E.S.A.R.A. (and GESARA, because it will be world-wide).
I hope the Republicans on that finance committee vote to keep that commie witch out of the U.S. Treasury.
How can someone indoctrinated in the Communist ideology work for the U.S. Government?They are a threat to National Security no matter what branch or department they’re in.
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